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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

Schedule of provision for income taxes
		2025
Current
Federal taxes		$	–
State taxes			–
Total current			–
Deferred
Federal tax benefit			(5,060,603	)
State tax benefit, net of federal benefit			(323,370	)
Total income tax benefit		$	(5,383,973	)

Schedule of components of income tax expense (benefit)

Schedule of components of income tax expense (benefit)
		2025				%				2024				%
Expected federal income tax benefit at statutory rate		$	(32,641,656	)			21.0			$	(9,557,165	)			21.0
State income taxes, net of federal benefit			(1,618,882	)			1.0
Non-taxable or non-deductible items:
Stock compensation			105,000				(0.1	)			65,301				(0.1	)
(Gain) loss on warrants classified as liabilities			–								3,101,361				(6.8	)
Loss on extinguishment of Convertible Notes			–								345,998				(0.8	)
Interest expense on Convertible Notes			–								66,116				(0.1	)
Other			25,788				–*				15,517				–*
Other reconciling items:
Tax rate change			(119,516	)			0.1				–
Return to provision and true ups			–								345,266				(0.8	)
Write off of deferred tax asset for stock-based compensation			–								3,235,732				(7.1	)
Change in valuation allowance			28,865,293				(18.6	)			2,381,874				(5.2	)
Income tax benefit		$	(5,383,973	)			3.5			$	–				0.0

* less than 0.1%

Schedule of deferred tax assets and liabilities

Schedule of deferred tax assets and liabilities
		December 31, 2025				December 31, 2024
Deferred tax assets
Net operating losses		$	25,562,308			$	20,932,619
Unrealized loss on digital assets			21,657,531				–
Stock-based compensation			3,819,466				–
Depreciation and amortization			776,599				1,562,438
Research & development credit			1,099,535				1,099,535
Lease liability			174,998				162,786
Accrued expenses			47,898				94,561
Capital loss carryover			187,549				178,442
Vendor settlements and reserves			262,168				689,253
Other			26,066				41,554
Total			53,614,118				24,761,188
Valuation allowance			(53,296,785	)			(24,431,492	)
Net deferred tax asset			317,333				329,696
Deferred tax liabilities
Prepaid expenses			(145,763	)			(174,457	)
Right-of-use assets			(171,570	)			(155,239	)
Total net deferred taxes deferred tax liabilities		$	–			$	–

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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